LGUs brush up on investment plans to attract more investors

SAN FERNANDO CITY, April 30 (PIA) — Local governments in the Ilocos are now enhancing their investment plans to draw more investors to pour their money to open up new businesses.

Through a workshop on the formulation and updating of the Local Investments and Incentives Code (LIIC), government planners and public officials walked through various investment policies and programs, areas for investments and incentives available for local and foreign investors.

Antonia Darisay P. Villareal of the Department of Interior and Local Government (DILG) in Region 1 said officials have recognized that their investment codes have been the missing link between local governments and private investments.

Villareal said pursuant to former DILG Secretary Jesse M. Robredo’s vision, the investment code provides a guidepost for LGUs to create aggressive communities that are able tap the private sector’ resources to create jobs and better life for communities.

“The orientation-workshop is one of the appropriate interventions in responding to the gap,” DILG Director Corazon P. Guray said.

The workshop was initiated by the DILG in partnership with the DTI and the Leagues of Municipalities of the Philippines in the four provinces in the Ilocos region.

Among the participants include Caoayan Mayor Germelina S. GouLart, Balaoan Mayor Al-fred Concepcion in La Union, Department of Trade and Industry (DTI) Director Florante O. Leal along with 245 Sangguniang Bayan secretaries, city and municipal planning and development coordinators, city and municipal local government operations officers, provincial planning and development coordinators, budget officers and treasurers.

Two batches of workshops were held from April 17 to 19 and from April 22 to 24.(MCA/MHH PIA1 La Union with reports from DILG1)

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